National News

Suburban sprawl set to be a growing trend in 2018

As 2018 approaches, experts at Zillow predict the migration of urban-based millennials to the suburbs, where first-time home buyers will benefit from an expected increase in the new construction of entry-level homes. Millennials who have typically favored urban living

Typical mortgage payment up 10 percent in 2017

With home prices on the rise, average monthly mortgage payments have seen even larger increases over last year. According to a CoreLogic study, the typical mortgage payment for homeowners has risen 10 percentage points in 2017, with a projected

Redfin: Personal values greatly impact homebuying

No matter who you are or what you believe in, your own seemingly-insignificant preferences shed some light on the type of home you prefer. Whether you’re a single woman with a dog or a dad who is glued to

Knock, knock: Amazon Key raises real estate agent concerns

We’ve seen it happen before. First we were introduced to Airbnb, an online marketplace that allows its users to book housing accommodations from a phone, tablet or computer. One year later, Uber burst onto the scene, and pedestrians everywhere

Facebook partners with Apartment List, Zumper to provide rental listing service

Renters who are looking for a new place to live now have another option to find their next home: Facebook. The social media network announced its partnership with Apartment List and Zumper to add available rental units to Facebook

Housing market resembles pre-recession climate, but no crash in sight

With continually rising prices and cutthroat competition for the country’s limited home inventory, many are having flashbacks to the housing market crash of 2007, which sent the entire economy into a tailspin for years. However, a recent analysis from

City millennials heading for the suburbs, says NREI

  As millennials get older, they’re trading in their train passes for minivans as they head for the suburbs, this according to National Real Estate Investor’s survey of suburban areas with the best potential for millennial population growth. Thanks

4 ways agents can become neighborhood experts

Real estate is becoming an increasingly competitive field, with new technologies coming constantly changing the industry. However, sometimes the best edge for agents is simply knowing the ins-and-outs of neighborhoods so you can position yourself as an expert when

Under GOP tax plan, hard-to-find affordable housing would be even more scarce

There’s been no shortage of news about increasing home prices and low housing inventory around the country, but one thing there definitely has been a shortage of is affordable housing. And according to industry experts, that shortage could get

Report: Affordability increases despite rising home prices

Although home prices are on the rise across the country, affordability has actually increased since July, according to the latest Mortgage Monitor from Black Knight. According to the report, only 21.4 percent of the median income is needed to purchase

More people get mortgages online, but they’re increasingly dissatisfied

More and more customers may be heading online to purchase mortgages, but overall satisfaction with electronic mortgage processes is majorly declining, according to J.D. Power’s 2017 U.S. Primary Mortgage Origination Satisfaction Study. According to the study, individuals find online

Compass plans huge expansion after raising $100 million

Compass, a real estate technology startup, announced that it has raised $100 million during the Series E investment round, which it will use to expand to every major city within the United States. The company is now valued at $108

NAR shares support for Flood Reform Act

After starting a petition for Congress to reauthorize the federal Flood Reform Act in August, the National Association of Realtors (NAR) recently decided to double down on its efforts to ensure the bill remains in place. This Monday, NAR penned

Homesnap, Waze partner to create geo targeted listing ads

One of the main hurdles agents have to overcome on a regular basis is having their listings seen by the people who are most likely to be interested in it. While previous wisdom was to get the ad in

NAR: GOP tax plan ‘attacks homeownership’

The GOP’s new tax plan, the so-called Tax Cuts and Jobs Act, “attacks homeownership,” according to a new statement from the National Association of Realtors (NAR). NAR has been vocally opposed to the bill, which would significantly reduce homeowner

NAR board votes to remove MLS subscription requirement

On Monday, the National Association of Realtors Board of Directors voted on four major MLS adjustments, one of which will allow agents more flexibility in MLS choice. A new broker-backed policy that is being called “MLS of Choice” prevents

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